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| News Release from Titan International, Inc. June 29, 2008Titan Ships First Production 63-inch Tire and Wheel Assemblies
QUINCY, Ill.-Titan Tire Corporation, a subsidiary of Titan International Inc., shipped its first giant 63-inch off-the-road (OTR) tire and wheel assemblies on July 29, 2008. These tires, each measuring nearly 14 feet tall and weighing approximately 12,500 pounds, are being shipped to Canada's oil sands for use in mining applications.
"A lot of people in the industry doubted that Titan could build these giant tires in less than a year," said Titan Chairman and CEO Maurice M. Taylor Jr. "I am happy to prove to them that we are committed to achieving the company's goals."
Titan International, Inc. (NYSE: TWI), a holding company, owns subsidiaries that supply wheels, tires and assemblies for off-highway equipment used in agricultural, earthmoving/construction and consumer (including all terrain vehicles) applications. For more information, visit www.titan-intl.com.
Caption: Titan shipped its first giant 63-inch production tire and wheel assemblies from its facility in Bryan, Ohio. Pictured with the assemblies are Tom Jagielski, production manager, Ernest Rodia, chief operating officer, and Dan Steltmann, OTR development vice president. Contact: Titan Communications, (217) 221-4489
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